-The Hindu The question came in response to the Attorney General’s statement that the government and the RBI had ‘acted in consultation’ to notify demonetisation in November 2016 The Supreme Court on Monday asked the government whether it would have brushed aside objections from the Reserve Bank of India (RBI) had the Central bank opposed the demonetisation policy. The question from the Constitution Bench led by Justice S. Abdul Nazeer came after Attorney...
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RBI recommended demonetisation: Central bank rules out ‘administrative impropriety’ on part of Govt
-Moneycontrol.com A five-judge Constitution Bench of the Supreme Court was hearing a batch of 58 petitions that challenged the Union Government’s decision to demonetise Rs 500 and Rs 1,000 currency notes six years ago. Junking allegations of any procedural lapses by the Centre during the demonetisation in November 2016, the Reserve Bank of India told the Supreme Court on December 5 that the central bank itself had recommended the Government of India...
More »PM Modi favours rural jobs guarantee scheme recast to help poorest -Saubhadra Chatterji
-Hindustan Times PM Modi had expressed concerns that the utilisation of the funds earmarked for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was skewed in favour of more affluent states instead of poorer states getting more money, two senior officials said, asking not to be named. After Prime Minister Narendra Modi flagged key discrepancies in the jobs guarantee scheme at a recent review meeting on the rural sector, the central...
More »Gujarat Elections: Steady Grumble About Unemployment Across State
-PTI/ Newsclick.in Nearly 3.64 lakh educated and "semi-educated" youngsters had registered with employment exchanges till December 2021. New Delhi: Nearly 3.64 lakh educated and "semi-educated" youngsters had registered with employment exchanges across Gujarat till December 2021, according to State Government data. Of them, the highest number of unemployed youths -- 26,921 -- were in Vadodara, followed by Ahmedabad (26,628), Anand (22,515), Rajkot (18,997) and Kheda (16,163) districts. The figures were shared by Labour, Skill...
More »Fact check: Union minister’s claim of 15-16 lakh jobs being created every month is inaccurate -Divyani Dubey & Nidhi Jacob
-Scroll.in Ashwini Vaishnaw based his remarks on EPFO data, which experts say does not present a true picture since a bulk of the employment in the country is informal. Union Minister for Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw on November 24 used the Employees’ Provident Fund Organisation, or EPFO, payroll statistics to claim that an average of about 15-16 lakh jobs are being generated by the Union government every month....
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